pen, lets assume for one minute they can actually show 2-3gr per ton in the bulk sample results (i'm not concerned about the drill results as long as they show mineralization) for a large area..i'll use round numbers for this, and 2gr per ton...
a gram of gold (currently worth about $45) x 2gr per ton...=$90 gold per ton
we've been told via tilsley processing cost estimates are around $40 per ton....
that already gives them an estimated cash cost of approx $650 oz (not too far out of the average today) and around a 50% cash cost basis...most mining finance guru's use this as a milestone to determine feasibility.
if bulk samples come back at 2gr+ i have to believe the community will see this too...imo drilling at lavals because (as gloriux put it) "The Geochem results at Laval's Mountain were the highest reading they had anywhere to date and the first time ActLabs actually said: "You have to drill here!" .....i'm not completely sold on the geochem myself but i think the huge blue sky tonnage that good results at lavals would create, on top of what is beginning to look like an economical deposit is well worth the gamble of drilling a few holes outside the initial area...
